Qatar Airways makes unsolicited move to acquire 10% of American Airlines

June 23, 2017 · 196 Views

American Airlines has announced that Qatar Airways is looking to acquire a 10% stake in the world’s largest carrier, though the board would have to approve it in…

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SIA Engineering Company and GE Aviation to form Engine Overhaul Joint Venture

June 21, 2017 · 106 Views

SIA Engineering Company and GE Aviation have agreed to establish a new engine overhaul joint venture based in Singapore. The joint venture will provide a full range of…

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CDPQ & GE Capital Aviation Services to join forces in creating global aircraft financing platform

June 19, 2017 · 56 Views

Caisse de dépôt et placement du Québec (CDPQ), a leading institutional asset manager, and GE Capital Aviation Services (GECAS), have signed a commitment letter to create a US$2bn…

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TrueNoord closes financing facility for two Embraer E190 aircraft leased by Air Astana

June 19, 2017 · 77 Views

TrueNoord, the regional aircraft lessor, has closed the final term financing facility with DVB bank and PK AirFinance for the remaining two of the six Embraer E190 aircraft…

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GA Telesis closes new US$225m syndicated ABL credit facility

June 19, 2017 · 60 Views

GA Telesis has closed a new five year, US$225m ABL credit facility led by HSBC Securities USA and Fifth Third Bank as Joint Lead Arrangers. The company originally…

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Waypoint Leasing extends over US$390m revolving credit facility commitments

June 15, 2017 · 84 Views

Independent global helicopter leasing company Waypoint Leasing, has extended the maturity on two of its existing revolving credit facilities. In aggregate over US$390m of revolving credit commitments extended…

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Alitalia files for Chapter 15 bankruptcy protection in U.S.

June 14, 2017 · 136 Views

In order to protect its stateside operating interests, Alitalia has filed for Chapter 15 bankruptcy protection through the U.S courts. U.S Bankruptcy judge Sean Lane has granted the…

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TrueNoord steps up investment in regional aircraft portfolio following deal with new investor

June 14, 2017 · 107 Views

TrueNoord, the regional aircraft lessor, has reported that funds managed by BlackRock, a global asset management firm, will be co-investing in its portfolio of leased aircraft assets alongside…

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Qatar Airways posts annual results, revealing 21.7% year on year net profit increase

June 12, 2017 · 187 Views

Qatar Airways has released its annual report for the fiscal year 2017 (April 1st 2016 to March 31st 2017) revealing a 21.% year-on-year net profit increase. The results…

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GE Aviation acquires leading robotics manufacturer OC Robotics

June 12, 2017 · 227 Views

GE Aviation has acquired OC Robotics, the world’s leading designer and manufacturer of commercial snake-arm robots and software for confined and hazardous environments. Founded in 1997 in Bristol,…

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Etihad and TUI joint venture airline fails to take off

June 8, 2017 · 198 Views

Only weeks after TUI had said that negotiations with Etihad to create an airline specifically targeting the leisure-focused budget airline sector of the German, Austrian and Swiss markets,…

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SOCOMORE pursues dynamic external growth strategy with acquisition of ELIXAIR

June 6, 2017 · 120 Views

SOCOMORE and the owners of ELIXAIR have signed an agreement under which Socomore acquires the company and signs an exclusive worldwide license for the commercialization of composite plastic…

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Safran in exclusive discussions with Hexcel for sale of Structil

June 5, 2017 · 282 Views

Safran Ceramics, along with co-shareholder Mitsubishi Chemical Corporation, have started exclusive discussions with Hexcel to sell all shares and voting rights in the company Structil, jointly owned by…

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IATA revises 2017 industry profitability outlook upwards

June 5, 2017 · 127 Views

The International Air Transport Association (IATA) revised its 2017 industry profitability outlook upwards. Airlines are expected to report a US$31.4bn profit (up from the previously forecast US$29.8bn) on…

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AviaAM Leasing reports €80,8m revenue, profit growth in 2016

June 1, 2017 · 134 Views

AviaAM Leasing, a Warsaw Stock Exchange listed aircraft leasing company, has reported its financial results of 2016 recording significant increase in business volumes – company’s revenue tripled to…

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Avia Solutions Group reports 33% growth in revenue for 2016

June 1, 2017 · 71 Views

Avia Solutions Group, an international, publicly traded aviation holding company with over 20 subsidiaries worldwide, has recorded €306m revenue in 2016, a 33% increase from the 2015. Group’s…

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Air Transport Services Group announces Secondary Public Offering by selling shareholder

June 1, 2017 · 79 Views

Air Transport Services Group has announced that one of its existing stockholders (the “selling stockholder”) intends to offer for sale 3,806,374 shares of the Company’s common stock in…

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Safran completes sale of identity and security activities

May 31, 2017 · 270 Views

Safran has completed the sale of its identity and security activities to Advent International for €2.4 bn. As announced on September 29, 2016, the transaction will result in…

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Ryanair posts full year net income of €1.316bn

May 30, 2017 · 263 Views

Ryanair has posted a 6% increase in full year net profit to €1.316bn. The combination of a 13% cut in average fares, coupled with Year 3 of the…

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ST Engineering’s aerospace arm injects capital into Engine Asset Management JV

May 29, 2017 · 213 Views

Singapore Technologies Aerospace (ST Aerospace), through its subsidiary ST Aerospace Engines (STA Engines), has injected its proportional share amounting to US$3.5m (S$4.89m) into the capital of its 50%-jointly…

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